原帖由 WST 于 2007-6-15 21:45 发表 & s# C7 p' v7 |) p. g) j' H# ~4 `
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同意dgg的观点, 对于affordability,我补充一下。Affordability 主要是以房价和收入比来衡量。通常,收入以税前的工资为标准。这种算法实际上比较片面,特别是对爱城,因为很多家庭的被动收入(房地产,股票 ...
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This is a good explanation to how real estate bubble forms. The market feeds itself to push the prices up, but eventually it will reach turning point, and the bubble bursts.5 ~; I- J4 p/ l% Y2 b2 i d4 V
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The risks to the current market:1 z) D6 A8 W* D4 K1 z) G5 X2 F! I
1) Mortgage rates go up h! E: L" A. H/ k3 a9 J2) Oil price dropps' k" |) g7 g2 W. s
3) Less influx 4 P2 v0 F( I f6 e$ L# Y4) Speculators quit